Question: Amortizing prior service cost for pension plans will: Multiple Choice A. Increase retained earnings and increase accumulated other comprehensive income. B. Decrease retained earnings and

Amortizing prior service cost for pension plans will:

Multiple Choice

A. Increase retained earnings and increase accumulated other comprehensive income.

B. Decrease retained earnings and decrease accumulated other comprehensive income.

C. Increase retained earnings and decrease accumulated other comprehensive income.

D. Decrease retained earnings and increase accumulated other comprehensive income.

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